Troy instead of waffling how about giving factual links ?
Whatever TMT really had before the merger, the fact is the merger enabled new drilling areas to be targeted which have added a huge 39% to the total high grade measured and indicated mineral resource.
[see announcement 07/05/24 ]
That’s a clear 39% increase.
And what did Graham Arvidson say that brought the total ore body asset up to ?
He thought 50 years according to this story published 14/03/23 https://www.australianmining.com.au/vanadium-australias-next-mining-frontier/ …but there have not been any references that I remember to the mine life since.
So has that mine life number now been bumped up to around 70 years to include the May resource update?
I don’t know because AVL hasn’t said!
Meanwhile, seeing as banks want more than 20 years in order to provide funding, then I am happy going with the fact that AVL likely has ‘more than 20 years’ at way better quality than its’ last BFS indicated.
And when AVL gives an updated mine life then THAT’s what I will be happy believing whatever the new number is.
- That’s not on YOUR say so Troy.Nor on Lewis’s.
As far as you trying to tell me that the first full production figures will prove figures for the next 20, 50 or even 70 years .. well I think you’re talking through your hat.
Grades differ, mining schedules differ, even equipment changes across a life of mine.
First production does NOT determine production facts for evermore it only determines what has been selectively mined for first production!
As far as ‘free loaders’ go your inability to notice the single quote marks astounds me.
‘ Free loaders’ is my word for all those who collected millions and even billions of shares for free or paid very cheap prices which give them an on paper profit even at these levels (with special thanks to the extra 16% of merger shares they managed to collect if they held TMT pre merger).
Cheers
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Troy instead of waffling how about giving factual links ?...
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Price($) | Vol. | No. |
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1.0¢ | 20703369 | 44 |
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No. | Vol. | Price($) |
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25 | 11428836 | 0.008 |
13 | 5706940 | 0.007 |
8 | 12766830 | 0.006 |
13 | 18608888 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 3942375 | 24 |
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